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IMF Approves Third Review of Sri Lanka’s Bailout; $334 Million Released

Sri Lanka Passes Its Third IMF Evaluation with Strong Reform Progress The International Monetary Fund (IMF) has approved Sri Lanka’s third review under the Extended Fund Facility (EFF), releasing $334 million to support continued recovery efforts. This confirms that Sri Lanka is meeting key reform targets across economic, financial, and governance sectors. Why This Approval […]

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Government & Economy Local Business Spotlights Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Secures $2.5 Billion Debt Restructuring Deal with Japan

A Major Milestone in Sri Lanka’s Economic Stabilisation Efforts Sri Lanka has successfully finalized a $2.5 billion debt restructuring agreement with Japan, marking one of the most vital achievements in the country’s post-crisis economic recovery program. Japan is among Sri Lanka’s most important bilateral creditors, and this agreement signals strong international confidence in Sri Lanka’s […]

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Sri Lanka Cricket Tour to Pakistan Continues Despite Security Concerns

Sri Lanka Reaffirms Its Commitment to Pakistan Tour After Security Scare Sri Lanka Cricket (SLC) has announced that the national men’s team will continue its Pakistan tour despite a high-alert security situation triggered by a suicide bombing near Islamabad. This decision follows multiple rounds of discussions, security evaluations, and diplomatic consultations carried out over the […]

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